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MIDDLE EAST STONE

4 – 6 SEPTEMBER 2018
DUBAI WORLD TRADE CENTER

THE STONE CONFERENCE, INDUSTRY REPORTS, THE GCC STONE MARKET

Middle East Stone is the gateway to a US$5 billion stone procurement market. The high number of construction projects is driving the demand for stone materials.

The Stone Conference is the 3-day CPD certified premier learning platform that offers free-to-attend keynotes, panel discussions, case studies and expert presentations to the Middle East Stone attendees.

FACTS AND FIGURES 2017

Middle East Stone successfully concluded its third edition with 253 exhibitors from 26 countries and over 7,000 attendees from 70 countries. The event has established the largest annual B2B platform to access the marble, granite, and natural stone industry in the MENA region.
• 253 Exhibitors
• 36 Exhibiting countries
• 8 National pavilions
• 70 Visitors’ origin countries
• 14,000 Gross m2
Highlights:
• The pilot participation of ABIROCHAS – the Brazilian Ornamental Rocks Industry Association reinforced the continued support provided by global stone industry associations from Turkey, India, China, North America, Portugal, Greece and Italy
• Supported by the Marble Institute of America, the Stone Conference provided the attendees with a premier knowledge sharing platform with 20+ CPD-certified sessions delivered by 30 international experts and featured high-quality educational content on global and regional stone market trends, industry updates and technological advances
• The region’s US$5 billion worth of stone imports (20% of the global demand) continued to attract domestic and international companies to take their share of this very lucrative market, and exhibitors reaffirmed this regional market potential as 36% confirmed their participation in the next edition which will be held from 4-6 September 2018.

THE STONE CONFERENCE

The Stone Conference is the 3-day CPD certified premier learning platform that offers free-to-attend keynotes, panel discussions, case studies and expert presentations to the Middle East Stone attendees.
Middle East Stone partners with key associations and industry experts to bring you a comprehensive educational program that will help keep you up to date on the latest emerging trends, technological advancements, skills requirements and market insights in the regional and global stone industry.
With content provided by our expert speakers, there’s something for everyone to learn at The Stone Conference. In 2018, we are bringing you 3 days of curated content that will allow you the tools you need to return to the office with actionable ideas and plans.

THE GCC STONE MARKET

Middle East Stone is the gateway to a US$5 billion stone procurement market.

The GCC stone market appears to be growing at a steady pace due to the high volume of construction activities in the region. As per the BNC Project Intelligence, there are over 23,000 active construction projects in the GCC, of which approximately 50% are in the United Arab Emirates. The high number of construction projects is driving the demand for stone materials.

KEY INDUSTRY STATS & GROWTH DRIVERS

The GCC stone market is worth over USD 5 billion and constitutes approximately 20% of the global demand in the stone market and stone import value of 178.6 million sqm
Urban construction projects across the GCC, valued US $1.16tn in 2018, drive the demand for natural stone, tiles, marble, granite and ceramic products. Major construction activities appear to be in the United Arab Emirates and Saudi Arabia, both of which constitute approximately 75% of all urban construction projects in the region
The Middle East flooring market is primed for growth due to the high volume of urban construction projects in the GCC. The urban construction sector has over 18,600 active projects which account for nearly 80% of all construction activities in the region
BNC Project Intelligence, the official knowledge partner of Middle East Stone, provides you with valuable market insights on the increasing demand for high-quality natural stone products from the 23,000+ active construction projects in the GCC region. If this is your marketplace – then Middle East Stone is your show!

MIDDLE EAST STONE – THE TARGET MARKET

At Middle East Stone, we know it is equally important for you to attract the right key buyer profiles for your products and services and expand to key markets you are interested in doing business in. That is why we also create targeted campaigns to construction and fit out industry professionals from the following markets:
• Saudi Arabia
• UAE
• India
• Oman

Offers to every Brand a Multi-Sectoral Reach
Middle East Stone reaches a broad spectrum of buyers, decision-makers, specifiers and installers of stone, tile and ceramics in the following construction, design and fit-out sectors:
• Commercial
• Residential
• Healthcare
• Leisure
• Transport
• Urban Development

INDUSTRY REPORTS

Concerning the following reports, the first three are produced by BNC and the fourth one by Ventures Onsite.
BNC Project Intelligence, the official knowledge partner of Middle East Stone, provides you with valuable market insights on the increasing demand for high-quality natural stone products from the 20,000+ active construction projects in the GCC region.

1. GCC CONSTRUCTION SECTOR STONE CENTRIC REPORT 2017

The GCC stone market appears to be growing at a steady pace due to the high volume of construction activities in the region. As per the BNC Project Intelligence, there are an estimated 20,885 active construction projects in the GCC, of which approximately 50% are in the United Arab Emirates. The high number of construction projects is driving the demand for stone material.
This report offers an overview of the GCC stone market. It also looks at the volume of active construction projects per country and offers a sector-wise analysis of the construction activities to identify the main growth markets for stone material.
The highlights of the report are as follows:
▪ The GCC accounts for 20% of the global stone market, which is expected to reach 19.6 billion metric tons by 2020.
▪ According to Global Industry Analysts, the MENA region is among the top three growth markets for stone demand.
▪ According to BNC Project Intelligence, the construction market is the main growth driver for the consumption of stone material. The urban construction sector accounts for 80% of all construction activities in the GCC.
▪ The United Arab Emirates has the highest number of construction projects, with several high-value projects currently underway including the Renaissance City in Abu Dhabi (USD 30 billion) and the Desert Rose Smart City in Dubai (USD 8.2 billion).
▪ There is a high usage of stone in the architectural designs for many active projects in the region.
The GCC stone market is worth over USD 5 billion and constitutes approximately 20% of the global demand in the stone market. The market comprises of crushed stones and dimension stones.² The global demand for crushed stones is expected to reach 19.6 billion metric tons by 2020; the Middle East is among the biggest markets of crushed stone consumption due to the high volume of construction activities currently underway. Global Industry Analysts suggest that the MENA region is one of the top three growth markets for stone consumption. Within the dimension stones segment, granite accounts for the highest demand, followed by marble. Saudi Arabia is one of the top five countries that constitute over four-fifths of the global value of granite production. The consumption of stone material is expected to grow as the construction market starts to pick up.
The stone market is primarily driven by construction activities in the region. In preparation for hosting the FIFA World Cup 2022, Qatar imported a total of 25.5 million tons of crushed stones in 2014 to support the mega infrastructure projects currently underway. There are many applications of stones in different sectors.
The complete extended report can be found here:
https://www.middleeaststone.com/media/1281/the-gcc-stone-report.pdf

2. MAJOR ONGOING CONSTRUCTION PROJECTS IN THE MENA REGION

1. Nakheel Mall – Palm Jumeirah, Dubai, United Arab Emirates
2. Damac Towers By Paramount – Business Bay, Dubai, United Arab Emirates
3. Palm Tower Hotel & Residences – Palm Jumeirah, Dubai, United Arab Emirates
4. Bulgari Resort & Residences Dubai, Dubai, United Arab Emirates
5. New Administrative Capital – Cairo, Egypt
6. Deira Islands Mall – Deira Island, Dubai, United Arab Emirates
7. Mixed Use Development – (KAAR), Makkah, Saudi Arabia
8. Kingdom Tower – Kingdom City, Jeddah, Saudi Arabia
9. Villamar – Bahrain Financial Harbour (BFH), Dubai, United Arab Emirates
10. Venus Towers – Beirut Central District, Beirut, Lebanon

Project Type, Est. Project Value, Project Stage, Est. Completion Date, City/Country, Developer. Extensive presentation, description, details for each project.
The complete extended report can be found here:
https://www.middleeaststone.com/media/1283/uae-list-of-projects.pdf

3. TOP PLANNED MEGA PROJECTS IN THE GCC

Report Published by BNC for Middle East Stone 2018, Publication Date: February, 2018
1. Al Faisaliya City, Makkah, Saudi Arabia
2. Al Ruwais Redevelopment, Jeddah, Saudi Arabia
3. Desert Rose Smart City, Dubai, United Arab Emirates
4. Firdous Sobha, Dubai, United Arab Emirates
5. Azizi Mixed-use Development, Dubai, United Arab Emirates
6. Dammam Mass Housing Program, Dammam, Saudi Arabia
7. Riyadh Smart City, Riyadh, Saudi Arabia
8. Abqaiq Energy City, Abqaiq, Saudi Arabia
9. South Saad Al Abdullah New City, Kuwait City, Kuwait
10. Mall of Saudi – An Narjis, Riyadh, Saudi Arabia

The complete extended report can be found here:
http://middleeaststone.com/media/1811/top-planned-mega-projects-in-the-gcc-mes.pdf

4. EASE OF DOING BUSINESS IN THE UNITED ARAB EMIRATES

Constant innovation and ever-changing personal preferences make interior design and fit-outs one of the fastest growing industries in the GCC region. Alongside growth comes increased competition and owners and employers are finding themselves challenged with meeting a plethora of design, sustainability, cost, time and functionality specifications. According to industry expert, with the market becoming very price-sensitive, interior and fit-out contractors must be able to differentiate between offering value and being the lowest bidder, if they want to be successful and competitive.
Before the skyscrapers, mega malls and hotels, foreign trade was the UAE’s claim to fame. Trade continues to be at the forefront of the UAE’s growth and its success as a dynamic hub for global commerce is built on three key factors:
• Strategic location between East and West
• Unmatched first world infrastructure
• Stability and security which have made the UAE a safe haven for investors amid the political turbulence gripping the Arab world.
Although the UAE comprises seven emirates, it is Abu Dhabi and Dubai that are better known due to their established infrastructure and business environment; however the other emirates offer opportunities too.
The World Bank’s Ease of Doing Business report ‘Doing Business 2017: Equal Opportunity for All’ ranks the UAE top on the list of MENA economies. The UAE surges into the top 30 for the first time. As the UAE continues to focus its efforts on becoming a global business destination, the World Bank has identified the UAE as one of the top ten most improved business environments over the past year.

The complete extended report can be found here:
https://www.middleeaststone.com/media/1282/ease-of-doing-business-in-the-uae.pdf

TOP LINE REPORT 2017

The post – show report for the 2017 session can be found here:
https://www.middleeaststone.com/media/1599/middle-east-stone-2017-top-line-report.pdf
For more information please contact:
T: +971 4 445 3739, E: info@middleeaststone.com , W: www.middleeaststone.com

VENUE

DUBAI WORLD TRADE CENTRE
DWTC is a state-of-the-art venue in the business district of Dubai. Located near to the main Dubai International Airport, it is adjoined to the DWTC Metro Station.
website: http://www.dwtc.com/en
Sheikh Zayed Road, Dubai, United Arab Emirates, Dubai, U.A.E.

ORGANIZERS

DMG Events, middle east, asia & africa
PO Box 33817, 5th Floor, The Palladium
Cluster C, Jumeirah Lakes Towers, Dubai, UAE
+971 (0)4 4380355
e-mail: info@dmgevents.com
website: http://www.dmgevents.com/

About dmg events
dmg events is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT) an international portfolio of information, media and events businesses listed on the London stock exchange.

dmg events Middle East, Asia & Africa
Founded in 1989, dmg events has operated in the Middle East since 1995 and owns many leading brands including The Big 5 portfolio of construction events, INDEX – the Middle East’s largest event for the interior design industry and The Hotel Show, the longest running and most important event for the hospitality industry.
Headquartered in Dubai, UAE and with satellite offices in India, South Africa and the UK, dmg events Middle East, Asia & Africa organizes over 45 events across the Middle East, Africa, Asia, North America and Europe.
For more information visit www.dmgeventsme.com & www.dmgt.com

DATA RECEIVED FROM:

https://www.middleeaststone.com/
https://10times.com/middle-east-stone
https://www.middleeaststone.com/media/1281/the-gcc-stone-report.pdf
https://www.middleeaststone.com/media/1282/ease-of-doing-business-in-the-uae.pdf
https://www.middleeaststone.com/media/1283/uae-list-of-projects.pdf
http://middleeaststone.com/media/1811/top-planned-mega-projects-in-the-gcc-mes.pdf
https://www.middleeaststone.com/media/1599/middle-east-stone-2017-top-line-report.pdf
www.dmgeventsme.com
www.dmgt.com

Kallirroi Pavlakou
International News and Markets

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